4008 S Pine Street
Tacoma, WA 98409
0.22 acres | #2353393
Description
This commercial property presents a lucrative investment opportunity within Tacoma's vibrant Urban Center Mixed-Use District (UCX), the South Tacoma Groundwater Protection District (STGPD) and Opportunity Zone, offering exceptional accessibility and future development potential. Strategically located just off the Tacoma Mall and easy access to I-5, this property benefits from high visibility and seamless connectivity. Currently fully leased with a robust 7% cap rate, this property guarantees consistent and reliable income, supported by 2 long-term rental tenants. Zoned to accommodate multiple types buildings, presenting a significant redevelopment or conversion opportunity with base height of 65 feet, with the potential to increase to 85ft.
Property Details
- InteriorCeramic Tile, Hardwood, Laminate
- Style60 - Comm Bldg Und 10K
- Property SubtypeCommercial Industrial
- Sewer InformationSewer Connected
- Date ListedApril 01, 2025
- SubdivisionTacoma Mall
- Structure TypeUnspecified
- Original List Price$1,280,000
- Property TypePurchase
- MLS #2353393
- Cost1280000
- MLS #2353393
- Acres0.2238
- Utility SourcePublic
- CountyPierce
- Taxes Annual$5,192
- Year Built1956
- Days on Market (Cumulative)1
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-04-01 20:58:11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Andreina Tinoco (#NWM139243)
Listing Office: Seattle Works Real Estate (#NWM6866)
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